Ethereum News Today: Cardano Eyes $3 in 27 Days as Investors Turn to RTX for 30X Gains

Cardano (ADA) has seen a notable uptick in price performance, currently trading near $0.9059 and showing signs of bullish momentum after a period of consolidation in late July. Early August saw ADA USD begin to form higher highs, with the price briefly surpassing $1 before a minor retracement. Technical indicators suggest a strengthening trend, including a golden cross on the daily chart, where the 50-period moving average crosses above the 200-period line. Analysts have highlighted this as a potential precursor to a significant price rally, with some projections estimating ADA could reach $3 within 27 days if the current trajectory continues [1]. This optimistic outlook is further reinforced by rising trading volume and a five-month high in ADA USD activity, indicating strong buyer interest [1].

The Cardano ecosystem also appears to be gaining traction through strategic partnerships and real-world adoption initiatives. The Cardano Foundation, in collaboration with Input Output Global (IOG), Emurgo, and Intersect, is advancing efforts in enterprise applications, supply chain solutions, AI integration, and academic research. These developments are expected to enhance the platform’s utility and attract both institutional and retail investors seeking exposure to a well-rounded blockchain ecosystem [1].

While ADA remains a key focus for many, investors are increasingly turning their attention to Remittix (RTX), a project built on the Ethereum network and marketed as a high-growth alternative. RTX is currently priced at $0.0944 and has already raised over $19.6 million with more than 600 million tokens sold. The platform offers cross-border crypto-to-fiat transfers in 30+ countries and has been designed for freelancers and businesses, with a mobile-first wallet beta expected to launch in Q3. Analysts and early backers have expressed optimism about a potential 30x return, projecting that RTX could rise to $3, aligning with ADA's ambitious price targets but with a more aggressive growth timeline [1]. RTX’s utility, including secure, CertiK-verified smart contracts and institutional interest, is seen as a key differentiator in the evolving crypto landscape [1].

The growing interest in both ADA and RTX reflects a broader trend of investors seeking exposure to projects that can benefit from Ethereum’s ongoing bull market. While Cardano has long been considered a competitor to Ethereum, RTX—being an Ethereum-based project—may be better positioned to leverage the network’s infrastructure and ecosystem [3]. This has led to a shift in investment behavior, with some traders allocating capital to RTX as a higher-risk, higher-reward alternative to ADA.

It is important to note, however, that the price projections for both ADA and RTX are analyst forecasts and not guaranteed outcomes. The cryptocurrency market remains highly volatile, and any bullish scenarios depend on sustained market conditions, strong project fundamentals, and continued adoption [5]. For ADA, reaching $3 will require consistent progress in Cardano’s ecosystem development and broader market confidence. For RTX, the 30x return forecast hinges on real-world adoption, use cases, and overall market sentiment toward Ethereum-based projects.

The dual focus on ADA and RTX highlights a shift in investor strategy, where a balance is being sought between market momentum and functional utility. While ADA is positioned as a long-term, foundational play, RTX represents a speculative bet with significant upside potential. This diversified approach allows investors to hedge their exposure while capitalizing on both the broader crypto bull run and specific high-growth opportunities.

Source:

[1] ADA may hit $3 this cycle, but holders eye RTX for 30x returns

https://invezz.com/news/2025/08/15/ada-may-hit-3-this-cycle-but-holders-eye-rtx-for-30x-returns/

[2] Cardano Journey to $2 Could Take Years, But Unilabs Early Growth Could Trigger 50X Results

https://coincentral.com/cardano-journey-to-2-could-take-years-but-unilabs-early-growth-could-trigger-50x-results/

[3] Top Cryptos To Invest In 2025: Chainlink, Cardano, And Remittix Named The Ultimate Portfolio Trio

https://blockchainreporter.net/top-cryptos-to-invest-in-2025-chainlink-cardano-and-remittix-named-the-ultimate-portfolio-trio/

[4] ETH Is ETHing! 5k Looms Close for the Blue Chip Crypto Rollblocks ROI Seems the Only Rival Since Cardano Price Slows

https://coincentral.com/eth-is-ething-5k-looms-close-for-the-blue-chip-crypto-rollblocks-roi-seems-the-only-rival-since-cardano-price-slows/

[5] Cardano (ADA) Price Aims for $1.50 in August, While Remittix Eyes a Leap from $0.09 to $3

https://za.investing.com/news/technology-news/cardano-ada-price-aims-for-150-in-august-while-remittix-eyes-a-leap-from-009-to-3-3840831